The Organisation for Economic Co-operation and Development (OECD) has identified publicly supported child care and early childhood education as critical to a nations wealth and citizen well being. For every public dollar that is spent on child care, there is a return on the investment that benefits the regional economy. Economists call this return a “multiplier”. The multipliers across North American range from 1.6 to 3.25 depending on the region considered.
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Listen to economist Timothy Bartik make the case for preschool as an economic development program.
Posted by Jodie Kehl at 2:43 pm